LSE:VLN News 10 December 2025

February 4, 2026, 7:50 AM EST. Advanced Micro Devices (AMD) shares dropped over 9% pre-market after issuing a cautious first-quarter revenue forecast. The chipmaker reported strong Q4 revenue of $10.27 billion, surpassing estimates of $9.67 billion, but the guidance for Q1 at $9.8 billion, though above the consensus of $9.38 billion, fell short of some analyst expectations amid booming AI chip demand. AMD disclosed $390 million in unexpected China sales in Q4, which analysts say made the revenue beat less impressive. The company expects only $100 million in China MI308 chip sales next quarter due to regulatory challenges and awaits licenses for newer MI325 chips. CEO Lisa Su reaffirmed aggressive growth targets, aiming for over 35% annual revenue growth and scaling AI business to "tens of billions" by 2027, with a key product launch planned for late 2026.